Mundgodt Grenå ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mundgodt Grenå ApS
Mundgodt Grenå ApS (CVR number: 39265796) is a company from NORDDJURS. The company reported a net sales of 6.3 mDKK in 2024, demonstrating a growth of 19.6 % compared to the previous year. The operating profit percentage was poor at -0.6 % (EBIT: -0 mDKK), while net earnings were -31.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mundgodt Grenå ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 408.98 | 3 806.26 | 5 488.47 | 5 238.72 | 6 263.56 |
Gross profit | 1 557.71 | 1 963.68 | 2 075.19 | 1 949.60 | 2 680.24 |
EBIT | 531.79 | 260.91 | -63.85 | - 115.42 | -39.20 |
Net earnings | 402.26 | 191.60 | -53.95 | -88.61 | -31.24 |
Shareholders equity total | 415.06 | 551.36 | 442.61 | 354.00 | 321.52 |
Balance sheet total (assets) | 1 511.95 | 1 618.63 | 1 493.37 | 1 270.40 | 1 306.17 |
Net debt | - 994.56 | -1 274.90 | - 667.93 | - 330.87 | - 181.12 |
Profitability | |||||
EBIT-% | 15.6 % | 6.9 % | -1.2 % | -2.2 % | -0.6 % |
ROA | 53.6 % | 16.7 % | -4.2 % | -8.4 % | -3.0 % |
ROE | 188.0 % | 39.7 % | -10.9 % | -22.2 % | -9.3 % |
ROI | 169.4 % | 45.1 % | -11.2 % | -24.5 % | -11.4 % |
Economic value added (EVA) | 412.76 | 173.51 | -78.46 | - 118.03 | -48.52 |
Solvency | |||||
Equity ratio | 29.8 % | 38.4 % | 34.9 % | 32.2 % | 28.3 % |
Gearing | 37.0 % | 28.6 % | 2.2 % | ||
Relative net indebtedness % | -2.1 % | -5.9 % | 4.3 % | 11.2 % | 12.7 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 1.2 | 0.8 | 0.7 |
Current ratio | 1.6 | 1.6 | 1.1 | 0.8 | 0.8 |
Cash and cash equivalents | 1 148.11 | 1 274.90 | 794.59 | 330.87 | 188.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.2 | 0.5 | 4.0 | 5.2 | 10.4 |
Net working capital % | 15.8 % | 15.5 % | 1.8 % | -3.5 % | -3.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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